You can be considered 'overqualified" for an apartment rental

S.F. apartment rent rises as vacancy rates fall


Apartment hunting in San Francisco has turned into a competitive sport with hopeful renters swarming open houses and experiencing more rejections than contestants on "Survivor."

"You have to pounce as soon as you see an ad you like," said Chris Covert, a manager at Symantec who was among 18 people vying for a $1,395 Nob Hill studio last week. "It's definitely nuts."

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"The credit score is paramount," Roybal said. "We want to make sure they pay their bills."

But he also tries not to pick people who are overqualified - who earn so much money that they might soon upgrade to a bigger place or buy a house. "We want renters who will be here for at least a couple of years," he said.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/10/MND91KLCIE.DTL&ao=2#ixzz1Ujrg1DdJ

The law says that the first qualified applicant gets the place.

I have 158 apartments (not in SF), currently with a 98% occupancy, highest ever! It must be nice to have a market where you can disqualify for making too much money. Actually, it kinda got that way here in Dallas a few years ago...kinda. I lost a lot of long term clients who decided to buy a home because of the availability of mortgages and low interest rates. Of course, I was elated they were moving up, but I hate to lose any client.

Actually, I am at a 100% occupancy, but I have one unit that a man died in and wasn't discovered for a couple of weeks. After trying everything available to rid it of the smell, I decided to just let it be used for storage for a couple of years. Of course we would prefer our clients stay a couple of years (while breathing), but I had rather get paid, so Income is a plus for me.

it should cover up the smell of death pretty good FYI

:P

.....I'll start today! I love my job!

of vermin.

Check your yellow pages for bio-cleaners or crime scene cleaners.

Not that expensive compared to the loss of two years income!

...and it is stripped to the studs. Since the complex was built in the seventies, we are constantly updating....new floors, appliances, paint, and fixtures as vacancies allow. We even move people to other apartments so we can update theirs. The property also has an adjoining lake (about 2 acres), that our clients can use for barbecues or fishing. We have had some clients for over 20 yrs! As the units are older, and paid for, our rents are very affordable, thus the high occupancy. They tell us we have the nicest apartments available for the money in our area.